No. 10.
123
C.S.0. 433 of 1887.
C.5.0.
794 of 1957.
REPORT OF PROCEEDINGS
OF THE
FINANCE COMMITTEE,
AT A MEETING HELD IN THE COUNCIL CHAMBER, HONGKONG,
On the 7th April, 1887.
PRESENT:
The Honourable the Acting Colonial Secretary, (FREDERICK STEWART), Chairman. His Honour the Acting Chief Justice (JAMES RUSSELL), vice His Honour SIR GEORGE
PHILLIPPO, Knt., on leave.
The Honourable the Acting Attorney General, (EDWARD JAMES ACKROYD).
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the Colonial Treasurer, (ALFRED LISTER).
the Surveyor General, (JOHN MACNEILE PRICE).
HENRY GEORGE THOMSETT, R.N.
PHINEAS RYRIE.
WONG SHING.
JOHN BELL-IRVING, (vice the Honourable WILLIAM KESWICK, on leave). ALEXANDER PALMER MACEWEN, (vice the Honourable THOMAS JACKSON,
on leave).
CATCHICK PAUL CHATER, (vice the Honourable FREDERICK DAVID SASSOON,
on leave).
The Committee meet this day at the request of the Acting Colonial Secretary.
The Report of the proceedings of the Meeting held on the 1st instant, being taken as read, is confirmed.
New Western Market.
(1.) Read the following Minute by His Excellency the Officer Administering the Govern-
ment:-
W. H. MARSH.
The Officer Administering the Government has received a proposal from the Surveyor General, which has been strongly supported by the Sanitary Board, for the reclamation of a piece of ground opposite the Sailors' Home, measuring 74,000 square feet in extent, destined, when completed, for the construction thereon of a new Western Market. The cost of this reclamation and of a Praya or Retaining Wall is estimated at $73,000, and the value of the ground to be reclaimed is estimated at $370,000. The work will require two years to complete it. The Officer Administering the Government proposes that the necessary money for this work should be taken from the premia realized on sales of Crown Land which are not included in the Revenue receipts of the Colony. The Council are therefore requested to vote a sum of $35,000 to be taken from this source for defraying the cost of the portion of the work which will be executed this year.
The Finance Committee have already been consulted in this question, and have expressed the unanimous opinion that the project should be approved.
Government House, Hongkong, 6th April, 1887.
After explanation by the Acting Colonial Secretary, the Committee recommend that the amount be voted.
Hunghòm Market.
(2.) Read the following Minute by His Excellency the Officer Administering the Govern-
ment:-
W. H. MARSH.
The Officer Administering the Government recommends the Council to re-vote the sum of $6,000 for the construction of a Market at Hunghom.
This sum was voted in last year's Estimates, but not expended, as the work was not then finished.
Government House, Hongkong, 7th April, 1887.
After explanation by the Surveyor General, the Committee recommend that the amount be voted.